Tag: credit performance

Subprime financier Credit Acceptance Corp.’s origination volume posted double-digit growth year over year in the third quarter.  Credit Acceptance Corp. ...

LAS VEGAS — Subprime lender Consumer Portfolio Services’ application volume is up nearly 16% compared with yearend 2023 despite a ...

The auto finance industry is showing slight improvements in affordability and loan production while worsening credit performance and inflationary pressures ...

Affordability and inflation headwinds that affected origination volumes at the end of 2023 continued to pose challenges for auto players ...

AI-based auto lender Lendbuzz’s default rate doubles when the lender expands into a new region, prompting updates to the financier’s ...

Consumer Portfolio Services is focusing on building its servicing and collections practices as the company works to get ahead of ...

Pandemic-era forbearance programs have run their course, putting auto loan delinquency rates — particularly for low-income borrowers — on an ...

If it costs more to put food on the table and keep a roof over your head, will you prioritize ...